Chicago Free Printable Lease Agreement

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					First Time Users
How to Process/Execute a Bond:

1. Obtain the Necessary Underwriting Information         Find the hazard code in your state’s Target
Bond List, then see the Underwriting Requirement Guideline for underwriting requirements.

If you do not see your bond type listed, call your Bond Team at 888-656-0817 or view the bond in more detail
in our Commercial Surety & Underwriting Guide.

2. After completing #1, decide if you will be submitting the business for us to execute,
or you would like to execute the bond yourself.
See the difference below.

3a. How to Submit for Bond Execution
For approval and execution, forward your completed underwriting information to
the Bond Underwriting Center team email.
Your Bond Team member will make an underwriting decision.
When approved you must mail the original application to your Bond Team.
The Bond Team will execute the bond, mail the original bond and invoice to your attention.

3b.   How to Execute a Bond
In order to execute a bond you must have the proper underwriting authority or authority from your Bond
Team. Consult your Power of Attorney - Letter of Limitations to determine your authority level.
Without authority continue with 3a - submitting the bond for execution
If you need help in determining your authority or you would like to discuss obtaining Power of Attorney, email
the Bond Underwriting Center at call or email your Regional Office specialist, located in the Contact Us section
of HartfordBond.com
Complete the appropriate bond form, accessed from your state’s Target Bond List.
You will need to assign a bond number to the bond form. Email the Bond Underwriting Center at the following
addresses to make a request for bond numbers:
Contact the Central Team at BUCCENTRAL@thehartford.com
Contact the West Team at BUCWEST@thehartford.com
Contact the South Team at BUCSOUTH@thehartford.com
Contact the North Team at BUCNORTH@thehartford.com
Attach a sealed Power of Attorney form and date the power to coincide with the execution date of the bond.
Sign the bond. (NY & CA require notarization)
Affix the Hartford's corporate seal near or on the Attorney-in-Fact's signature.
Send the original bond to the Principal (applicant), copy for your files, copy to your underwriter along with the
original application



Did you Know?

Bonds are EXECUTED.
Insurance policies are ISSUED.

Hazard codes dictate desirability;
1 being the most desirable
5 being more hazardous.

A BIG PLUS: direct billing is always available for all
Commercial Surety bonds.
Your Bond Team
The Bond Center is your countrywide quick turnaround source for Fidelity and Commercial Surety with limits up to and
including $500,000 ($3,000,000 limit for ERISA Bonds). The BC can provide quick quotes, issuance of bonds, endorsements
and for BondKit assistance, just dial:
1-888-656-0817
The Bond Center has a smart phone system which recognizes the area code you are calling from, and will automatically
route your call to the assigned underwriter or service representative from your territory.

For limits above $500,000 or contract surety, call your Regional Office specialist, listed in the
Contact Us section of HartfordBond.com

BOND CENTER                                  CENTRAL REGION                       SOUTHERN REGION
Mailing address:                             Contact the Central Team at          Contact the South Team at
                                             BUCCENTRAL@thehartford.com           BUCSOUTH@thehartford.com
P.O.BOX 958461
Lake Mary, Florida 32795                     ARIZONA                              ALABAMA
                                             ARKANSAS                             FLORIDA
                                             COLORADO                             GEORGIA
400 International Parkway,                   IOWA                                 LOUISIANA
Suite 425                                    ILLINOIS                             MARYLAND
Heathrow, Florida 32746                      INDIANA                              MISSISSIPPI
                                             KANSAS                               NORTH CAROLINA
Toll-free: 888-656-0817                      KENTUCKY                             SOUTH CAROLINA
Fax: 877-257-2166                            MICHIGAN                             TENNESSEE
                                             MINNESOTA                            VIRGINIA
Assistance with Passwords or 1Step           MISSOURI                             WASHINGTON, DC
                                             NEBRASKA                             WEST VIRGINIA
Surety System: Call the Bond Center
                                             NEW MEXICO
Help Desk at 860-547-8213                    NORTH DAKOTA
                                             OHIO
                                                                                  NORTHERN REGION
                                             OKLAHOMA                             Contact the North Team at
                                             SOUTH DAKOTA                         BUCNORTH@thehartford.com
                                             TEXAS
                                             UTAH                                 CONNECTICUT
                                             WISCONSIN                            DELAWARE
                                             WYOMING                              MASSACHUSETTS
                                                                                  MAINE
                                                                                  NEW HAMPSHIRE
                                             WESTERN REGION                       NEW JERSEY
                                             Contact the West Team at             NEW YORK
                                             BUCWEST@thehartford.com              PENNSYLVANIA
                                                                                  RHODE ISLAND
                                             ALASKA                               VERMONT
                                             CALIFORNIA
                                             HAWAII
                                             IDAHO
                                             MONTANA
                                             NEVADA
                                             OREGON
                                             WASHINGTON
Surety Business Opportunities
Did you know - there are over 4,000 types of Commercial Surety bonds? Bond opportunities exist within
many business segments. As your Surety partner we want to make you aware of these opportunities,
ultimately bringing commission dollars to your bottom line.

Below is a list of business types and potential surety products available for each. New Commercial
Surety bond needs arise from time to time, so the list is not all encompassing. Know that we are
always available to discuss any new business opportunities!

Remember, there are premium dollars involved and high commissions!

                     Cross Selling Guide
Alcohol Beverage Manufacturers Cable TV
-   Beverage Tax                                      -   Franchise
-   Wine Cellars                                      -   Pole Attachment
-   Vendors/Solicitors                                -   Street Opening (Road and Curb Cut)
-   Lease                                             -   Maintenance/Completion Court
-   Brewers, Distillers, Winemaker or Manufacturers

Attorneys                                             Colleges and Universities
-   Administrator/Executor                            -   Alcohol
-   Guardian/Conservator                              -   Court
-   Trustee                                           -   License & Permit
-   Bankruptcy                                        -   Financial Guarantee
-   Injunction                                        -   Private School Tuition Guarantee
-   Replevin
-   Appeal
-   Cost
Automotive Dealers                                    Commodity Dealers
-   Supply                                            -   Warehouse
-   Court                                             -   Lease
-   License & Permit                                  -   Indemnity to R. R.
-   Financial Guarantee                               -   Lost Instrument-Bill of Lading
-   Motor Vehicle Guarantee                           -   Demurrage
-   Performance Surety                                -   Livestock
                                                      -   Board of Trade
                                                      -   Commodity Export
                                                      -   Blue Sky
                                                      -   Commission Merchants

 Banks/Financial Services                             Contractors
- Court (Replevin, Attachment, Claim & Delivery)      -   Performance & Payment bonds
- Check Seller                                        -   Supply
- Money Transmitter                                   -   License & Permit
- Small Loan License                                  -   Court
- Blanket Lost Instrument/Waiver of Probate           -   Wage & Welfare
- Coupon/Bond Cremation                               -   Maintenance Bonds
- Blue Sky, Insurance or Real Estate Broker
- Notary
- Lease
- Retirement
- Benefit
- Financial Institution products are available
Cross Selling Guide
                                  Cross Selling Guide continued
Energy Companies                                 Public Officials
-   Gasoline, Diesel Fuel Tax                    -   Tax Collectors
-   Highway Permit                               -   Treasurers
-   Drilling, Plugging, Operating Bonds          -   Sheriffs
-   Lease                                        -   Town Managers
-   Self Insurer                                 -   Superintendent of Highways
-   Pollution Control                            -   Court Clerks
-   U.S./Foreign Tax                             -   Notaries Public
-   Appeal                                       -   School Board Members
-   Admiralty
-   Obstruction in Navigable Waters

Health Care Industry                             Service Companies
- Nursing Home Patient Trust                     -   License & Permit
- Alcohol                                        -   Concessionaires
- License & Permit                               -   Lease Bonds
                                                 -   Food Service (Performance Surety)
                                                 -   Maintenance (Performance Surety)
                                                 -   Security Guards
                                                 -   Public Officials

Manufacturers                                    Tobacco Companies
-   Supply                                       -   Warehouse
-   Court                                        -   Tax Stamp
-   License & Permit                             -   Lease
-   Financial Guarantee                          -   Retirement Benefit(s)
-   Denatured Alcohol                            -   Department of Agriculture
-   Performance Surety

Miscellaneous Manufacturers                      Transportation Companies
-   Lease                                        -   Court
-   Carnet                                       -   Right of Way
-   Tax Appeal (U.S. & Foreign)                  -   Lease
-   Fuel Tax                                     -   Liquor License
-   Retirement Benefit(s)                        -   Warehouse
                                                 -   Fuel Tax
                                                 -   Freight Forwarder
                                                 -   Charter Party


Non-Profit Organizations                         Transportation/Trucking
-   Court                                        -   Supply
-   License & Permit                             -   Court
-   Financial Guarantee                          -   License & Permit
-   Unemployment Compensation                    -   Fuel Tax
                                                 -   Toll Charge
                                                 -   Performance Surety

                                                 Utility Companies
                                                 -   Rate Refunding
                                                 -   Court (Condemnation)
                                                 -   Notary
                                                 -   Lease
                                                 -   Excessive Weight/Street Opening
Frequently Asked Questions


General BondKit Questions

Q: What is the difference between my agency submitting the bond to my Bond Team
and executing the bond ourselves?
In order to execute a bond you must have the proper Power of Attorney (POA) and authority limits.
If you do not know if you have POA or what your limits might be, contact your Regional Office Specialist
to clarify. Locate your Regional Office in the Contact Us section of HartfordBond.com.

Q: How do I submit business, if I do not have Power of Attorney?
Go to the First Time Users section for an explanation of bond execution located at the beginning of this document.
Call your Regional Office and a specialist will be able to help you with any Power of Attorney requests you may have.


Q: What type of authority does the Power of Attorney grant me?
Two types of authority are assigned with The Hartford's Power of Attorney priviledges.
Discretionary Authority is underwriting authority. You may approve and execute bonds
within your discretionary/underwriting authority after an investigation by you reveals that it is a
proper risk for the company to assume. The limits of authority are outlined in The Hartford's
"Power of Attorney Instructions and Limitations". Any bonds over your underwriting authority
would be submitted to the Company for approval.
Signing Authority is displayed on the Power of Attorney form itself. The Power has either a dollar amount or
wording that states "unlimited" which gives the individuals named on the Power, the power to execute a bond, not
the authority.

Q: What is a General Indemnity Agreement (GIA)?
Used whenever a Principal requires multiple bond obligations. Taking a GIA eliminates the need for numerous
individual applications.


Q: How do I check rates?
Call your Bond Center Team


Q: Where/How can I get a bond form?
There are three ways to attain a bond form:
1. Go to your state’s Target Bond List, select the proper state, click on the bond type to access the form
2. From the applicant or from the Obligee (the party who will ultimately receive the bond)
3. Call your Bond Team at (888) 656-0817
Completing Underwriting Requirements

Q: How do I explain to my customer what it means to indemnify?
To indemnify means a promise to prevent or compensate for loss.
Within our application, there is an Indemnity Agreement which holds the surety harmless of loss.


Q: How do I complete an application and indemnity section?
View and print sample applications and indemnity agreements with detailed instructions in the Application section
of the 1Source BondKit website.


 Q: Does the application or General Indemnity Agreement (GIA) have to be dated
prior to the bond execution date?
It is preferable to have the GIA completed and dated before the execution of the bond; however, if circumstances do
not allow this, using the current date will not invalidate the indemnity agreement or obligation on our bond.


Q: Who should sign the application?
The Principal (your client) should sign and date the application before the bond is executed.


Q: Do you require a completed application for all bonds, even bonds with
Hazard Codes 1's or 2's?
Bonds with a Hazard Code of 1 to $50,000 and Bonds with a Hazard Code 2 to $25,000 do not
require a completed signed application but you must provide enough information so that we
can bill the bond. We will need the following:
Principal's name and address
Obligee's name and address
and whether you want this agency billed or direct billed.
Reference back to the state Target Bond List to determine Hazard Codes.


Q: Do I have to fill out all areas of the All-Purpose Application?
No, only those sections that apply to the bond type you need along with the general information and Signatures on
the last page. Remember to complete the date and witness to the signature. You can request a specific application
that pertains to that class of business, such as court bonds, lost instrument, license & permit, etc.


Q: Do you always require personal indemnity of owners of small businesses?
Having the personal indemnity of the owners always helps strengthen the underwriting case. Generally, whenever a
company is a Sub-S corporation we will require personal indemnity of the owner(s) and sometimes their spouses.
Our underwriting of the account may require us to request financial statements, and run credit reports.
Executing a Bond

Q: How is a bond executed?
View the First Time Users section at the beginning of this document for an explanation of bond execution.

Q: How is Power of Attorney and underwriting authority granted?
Typically, our preference is to grant authority to agents that execute bonds on a frequent basis or can commit to a
certain bond premium volume. Speak with your Regional Office specialist about specifics. You can locate your
specialist in the Contact Us section of HartfordBond.com.

Q: What type of authority does the Power of Attorney grant me?
Two types of authority are assigned with The Hartford's Power of Attorney priviledges.
Discretionary Authority is underwriting authority. You may approve and execute bonds
within your discretionary/underwriting authority after an investigation by you reveals that it is a
proper risk for the company to assume. The limits of authority are outlined in The Hartford's
"Power of Attorney Instructions and Limitations". Any bonds over your underwriting authority
would be submitted to the Company for approval.
Signing Authority is displayed on the Power of Attorney form itself. The Power has either a dollar amount or
wording that states "unlimited" which gives the individuals named on the Power, the power to execute a bond, not
the authority.

Q: How do I get a Hartford Seal?
With a new Power of Attorney a seal will be mailed to you. For a replacement seal contact your Regional Office,
located in the Contact Us section of HartfordBond.com.

Q: Do I need to place the Hartford Seal on the Power of attorney form?
It is not mandatory to do this; however, some people do attach the seal to the power as well as on the bond form to
make the document look more official. You must always seal the bond form.

Q: Which Hartford underwriting company should I use?
Hartford Fire Insurance Company in most states.
In Texas & Massachusetts, use Hartford Casualty Insurance Company

Q: How do I get bond numbers?
Call 1-888-656-0817 or email:
Contact the Central Team at BUCCENTRAL@thehartford.com, Contact the West Team at BUCWEST@thehartford.com
Contact the South Team at BUCSOUTH@thehartford.com, Contact the North Team at BUCNORTH@thehartford.com
to put in a request for bond numbers.
You will need Power of Attorney from The Hartford to use bond numbers.

Q: What document does The Hartford want after I've issued a bond?
For BondKit Users: a copy of the executed bond, the original, signed application, and any supporting
paperwork you receive from the applicant, e.g. paperwork from the Obligee indicating the need
for the bond should be sent to either the Bond Underwriting Center (for bonds less than or equal to $500,000) at:
The Hartford bond Underwriting Center P.O. Box 958461, Lake Mary, FL 32795
or for bonds above $500,000 to your Regional Office (address located in the Contact Us section of
HartfordBond.com).
For 1Step Users: for bonds executed within your underwriting authority, retain documents listed
above in your office. For bonds over your authority, send the documents to the underwriter
that granted approval.
Billing/Invoicing

Q: When will I receive an invoice from The Hartford?
Invoices are typically mailed within 2 business days from the date a transaction is processed.
Renewal invoices are usually processed 60 to 90 days before the bond anniversary date. Please keep in
mind potential variables in mailing time, but you should receive an invoice within 2 weeks from our
receipt and approval of your request. If you experience an unusual delay in receiving your invoice, contact
the Bond Underwriting Center service team at 888-656-0817 or by email to:
Contact the Central Team at BUCCENTRAL@thehartford.com, Contact the West Team at BUCWEST@thehartford.com
Contact the South Team at BUCSOUTH@thehartford.com, Contact the North Team at BUCNORTH@thehartford.com.


Q: Can I use Direct bill and/or TABS?
Yes. However, be sure your submission clearly communicates your billing preference. Unless
Direct Bill or TABS is specified on the application or directly to your underwriter, the bond will be invoiced
through Agency Billed. You will need to provide the TABS number if you want the bond billed through TABS.

Q: Where do I send money for Direct Billed items?
Send the check with the payment stub to:
The Hartford P. O Box 2907 Hartford, Ct 06104-2907
Please reference the bond number on the payment check.

Q: Where do I send money for Agency Billed items?
There should be an address on the agency bill statement where to send the payments.
If you do not have this address, find your City/Region from the list below and send to
the address below the list.

Region: ALBANY, ATLANTA, BALTIMORE, BOSTON, CHARLOTTE, GARDEN STATE, HARTFORD,
LANCASTER, LONG ISLAND, MANCHESTER, NEW ORLEANS
NEW YORK CITY, ORLANDO, PAYCHEX, PHILADELPHIA, PITTSBURGH, RICHMOND, SOUTHERN
CONNECTICUT, WASHINGTON, WESTCHESTER
Mail to: The Hartford Fire Insurance Company
P. O. Box 7247-0234
Philadelphia PA 19170-0234
For Overnight service:
The Hartford Fire Insurance Company/ Lockbox #234
C/o Citibank Lockbox Operations
1615 Brett Rd New Castle, DE 19720-2425

Region: AG CENTER, CBC, CHICAGO, CINCINNATI, CLEVELAND, DALLAS, DENVER, DETROIT, GRAND
RAPIDS, HAWAII, INDIANAPOLIS, KANSAS CITY, MEDICAL PROTECTIVE, MINNEAPOLIS, OKLAHOMA, OMAHA,
PACIFIC N/W, PHOENIX, RENO, SACRAMENTO, SAN ANTONIO, SAN FRANCISCO, SOUTHERN CALIFORNIA,
ST.LOUIS, TEXAS
Mail to: The Hartford Fire Insurance Company
P. O. Box 0571
Carol Stream, IL 60132-0571
For Overnight Services:
The Hartford Fire Insurance Company / Lockbox # 571
C/o Citibank Lockbox Operations
8430 W. Bryn Mawr Avenue, 3rd Floor
Chicago Il 60631

For any accounting questions, call: 800-962-6170
For any service or underwriting questions call your Bond Team at: 888-656-0817

				
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Description: Chicago Free Printable Lease Agreement document sample